Columbia Housing Center Inc

Analysis

Columbia Housing Center Inc is a registered charity in United States, based in Simpsonville, MD. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Columbia Housing Center Inc reported income of $235k and spending of $232k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $199k to $235k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Columbia Housing Center Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within MD. Charities of a similar size with the same main cause include Stehm Inc ($235k), Casabe Housing Development Fund Company Inc ($235k) and Ocoee Outreach ($234k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $57k (25% of expenses). Other salaries and wages came to $87k. At year end it held assets of $29k against liabilities of $3,074, net assets of $26k. It reported 3 employees.